President Joe Biden - Kamala Harris Administration

#56,631
#56,631
EasternVol said:
Are you forgetting who negotiated and set the timetable for withdrawal from Afghanistan? And who didn't think to include the government there in the discussions? Biden came along and completely botched was was left for him to do but that didn't trigger either Putin or hamas to attack.
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pretty sure Biden changed Trump's dates on the removal. IIRC gave himself more time.
 
#56,635
#56,635
LouderVol said:
pretty sure Biden changed Trump's dates on the removal. IIRC gave himself more time.
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I don't recall that. I think he moved it earlier to try to get out by September 11 for political reasons. He certainly should have postponed it considering we weren't close to ready.
 
#56,636
#56,636
EasternVol said:
I don't recall that. I think he moved it earlier to try to get out by September 11 for political reasons. He certainly should have postponed it considering we weren't close to ready.
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moved it later but chose 9/11 or some other iconic date

the bigger issue is ignoring advice of the military both on the date and Bagram (sp?)
 
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#56,639
#56,639
jmacvols1 said:
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There are a lot of sides to this coin. I can share an example that can work either way- our rent in the DC area is about to go up $300-$400/month. New building, and the megacorp that operates the building very rarely responds to issues that arise, i.e. we have three elevators and at any given time only one works for a 15-floor building.

I'm not sure what's going on, but rent and livability in this country are out of control.
 
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#56,640
#56,640
ButchPlz said:
There are a lot of sides to this coin. I can share an example that can work either way- our rent in the DC area is about to go up $300-$400/month. New building, and the megacorp that operates the building very rarely responds to issues that arise, i.e. we have three elevators and at any given time only one works for a 15-floor building.

I'm not sure what's going on, but rent and livability in this country are out of control.
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Inflation is like cancer. It doesn't just stay in one place, it takes over.
 
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#56,641
#56,641
Sandman 423 said:
Inflation is like cancer. It doesn't just stay in one place, it takes over.
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It's insane. We just bought a place in SW VA to move into here in the next year or so (once I'm done with work assignments up north) but with the insane asks for rent we may just tell my company that they're going to have to deal with me being remote because we don't want that much of our monthly budget going to rent and we refuse to live in the dangerous cheaper areas.
 
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#56,642
#56,642
As a small-time landlord, I affirm the rents are increasing but the standard on what to charge in rent hasn't kept pace.
I learned from my dad that a target of 1% of property value as monthly rent is a good threshold. Above that is great. Below that is riskier. That's the threshold I've adhered to.
Currently monthly rents are running around .7% of value.
I adjusted my threshold down to 1% of money in a rental. If 150k of my money in, 1500 in minimum monthly rent (in a property worth 225k).
Wages are lagging behind inflation. That's normal but this cycle seems extra lag-ish. I am risking a significant amount of money that we aren't evolved to a new normal (.7% of FMV = good rent) AND wages will eventually inflate. Basically betting rents will push even higher in the coming years. If they do, I will look like a financial wizard.
 
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#56,646
#56,646
McDad said:
As a small-time landlord, I affirm the rents are increasing but the standard on what to charge in rent hasn't kept pace.
I learned from my dad that a target of 1% of property value as monthly rent is a good threshold. Above that is great. Below that is riskier. That's the threshold I've adhered to.
Currently monthly rents are running around .7% of value.
I adjusted my threshold down to 1% of money in a rental. If 150k of my money in, 1500 in minimum monthly rent (in a property worth 225k).
Wages are lagging behind inflation. That's normal but this cycle seems extra lag-ish. I am risking a significant amount of money that we aren't evolved to a new normal (.7% of FMV = good rent) AND wages will eventually inflate. Basically betting rents will push even higher in the coming years. If they do, I will look like a financial wizard.
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I am thinking we will see rent continue to rise. the net supply of residential properties isn't getting better. and affordable single family housing, under 300k in Atlanta, or 200k elsewhere, is simply not getting built. the lower income rental individual is getting squeezed on both sides.

kinda like some people are "house rich", but can't afford to sell because they can't find an equal property they can afford, some renters can't afford to leave their rental because their isn't a better option out there.

I certainly won't say its intentional in a malicious way, but the decisions that have lead to this outcome were 100% intentional, but no one cared because they were still making money.
 
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